Great Boulder Resources Ltd (ASX:GBR) has leveraged a review of surface geochemistry from the Polelle Gold Project to identify several large, high-tenor pathfinder anomalies that may indicate the presence of gold mineralisation.
The company is exploring the Polelle Project near Meekatharra in Western Australia in a joint venture (JV) agreement with Castle Minerals, in which GBR has the option to acquire up to 75% of the project.
Great Boulder believes the pathfinder anomalies observed at Polelle demonstrate similar characteristics to those found at its Mulga Bull and Ironbark deposits within the Side Well Gold Project, based on a review of results from soil sampling by Castle Minerals a few years ago.
The secret golden sauce
“The targeting techniques we’ve used successfully at Side Well have highlighted some exciting targets with the same pathfinder geochemistry as our Mulga Bill and Ironbark deposits,” Great Boulder Resources managing director Andrew Paterson said.
“This assessment is on the back of earlier sampling and target generation by Castle Minerals. Because Polelle has had so little drilling, many of these targets have never been tested.
“One example is a 4-kilometre-long zone with both Ironbark-type and Mulga Bill-type pathfinder elements that runs parallel to the mineralised Albury Heath shear.
“This coincidence of geochemical anomalism over a structural feeder zone is an exciting target and we’re looking forward to drilling it.
“We think our experience at Side Well has given us the secret sauce for finding gold around Meekatharra, so it will be exciting to test those theories in a new area.”
With all the indications pointing to a fertile opportunity at Polelle, GBR is gearing up for an initial round of shallow aircore drilling, to begin shortly.
The company is also already drilling at the Side Well Project, with an aircore drilling rig testing geochemical targets along the Ironbark corridor, where drilling at Saltbush prospect produced an intersection of 9 metres of 5.2 g/t gold from 15 metres.